riffster21

AUDJPY - Big Boy Pants Fade

Short
riffster21 Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Hi folks, I guess I'm feeling risky today? I usually don't fade, but I seem to find a lot of them today. All of my indicators are screaming over extended for the AUDJPY. I was waiting for the move to become parabolic and move above the steep upward resistance trend line. I shorted as soon as it did. My prices are marked on chart.

I'll post a few of my other chart shots via updates in a minute or so...
Comment:
I use this tool a lot. The data is pretty darn accurate. Most of the values are pegged for the AUDJPY:

www.riffstermedia.co...7-01-19-07-18-31.png
Comment:
Move your stop to BE when up trending support is breached. Hopefully soon.
Comment:
I'm gonna take profits here. Everything is kinda going sideways now. I'll take my 24 pips and run! haha...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.